
Dark Side of the Boom
The Excesses of the Art Market in the 21st Century
Georgina Adam(Author)
Lund Humphries Publishers Ltd
Published on 5. January 2018
Book
Paperback/Softback
232 pages
978-1-84822-220-5 (ISBN)
Description
This book lifts the lid on some of the excesses that the 21st-century explosion of the contemporary art market brought in its wake, notably at its very top end. The buying of art as an investment, temptations to forgery, tax evasion, money laundering and pressure to produce more and more art all form part of this story, as do issues over authentication and the impact of the enhanced use of financial instruments on art transactions.
Drawing on a series of revealing interviews with artists, lawyers, dealers, law-enforcement agents, tax specialists and collectors, the author charts the voracious commodification of artists and art objects, and art's position in the clandestine puzzle of the highest echelons of global capital. Adam's revelations appear even timelier in the wake of the Panama Papers disclosures, for example incorporating examples of the way tax havens have been used to stash art transactions - and ownership - away from public scrutiny.
With the same captivating style of her bestselling Big Bucks: The Explosion of the Art Market in the 21st Century, Georgina Adam casts her judicious glance over a section of the art market whose controversies and intrigues will be of eye-opening interest to both art-world players and observers.
Drawing on a series of revealing interviews with artists, lawyers, dealers, law-enforcement agents, tax specialists and collectors, the author charts the voracious commodification of artists and art objects, and art's position in the clandestine puzzle of the highest echelons of global capital. Adam's revelations appear even timelier in the wake of the Panama Papers disclosures, for example incorporating examples of the way tax havens have been used to stash art transactions - and ownership - away from public scrutiny.
With the same captivating style of her bestselling Big Bucks: The Explosion of the Art Market in the 21st Century, Georgina Adam casts her judicious glance over a section of the art market whose controversies and intrigues will be of eye-opening interest to both art-world players and observers.
Reviews / Votes
'A "must-read" for anyone with an interest in the relationship between art and money.' Daily TelegraphMore details
Language
English
Place of publication
London
United Kingdom
Product notice
Paperback (UK-B)
Dimensions
Height: 233 mm
Width: 154 mm
Thickness: 27 mm
Weight
372 gr
ISBN-13
978-1-84822-220-5 (9781848222205)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

E-Book
12/2017
Lund Humphries Publishers Ltd
€18.49
Available for download
Person
Georgina Adam is a journalist and author who has covered the global art market for over 30 years. She is a contributor to the Financial Times and The Art Newspaper, where she was Art Market Editor from 2000 to 2008 and is now Editor at Large. She is the author of Big Bucks: The Explosion of the Art Market in the 21st Century (Lund Humphries, 2014).
Content
Introduction; Prologue; Part One: Sustaining the "Big Bucks"
Market; Chapter One: Supply; Chapter Two: Demand; Part Two: Price, Authenticity
and Forgery; Chapter Three: Price; Chapter Four: Authenticity; Chapter Five:
Fakes and Forgery; Part Three: Money, Money, Money; Chapter Six: Investment; Chapter
Seven: Speculation; Chapter Eight: The Dark Side; Epilogue; Appendix; Notes; Bibliography;
Index
Market; Chapter One: Supply; Chapter Two: Demand; Part Two: Price, Authenticity
and Forgery; Chapter Three: Price; Chapter Four: Authenticity; Chapter Five:
Fakes and Forgery; Part Three: Money, Money, Money; Chapter Six: Investment; Chapter
Seven: Speculation; Chapter Eight: The Dark Side; Epilogue; Appendix; Notes; Bibliography;
Index